208-UNIT BREAKERS APARTMENTS SELLS FOR $8.5 MILLION

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DAYTONA, FLA. — The 208-unit Breakers Apartments, located in Daytona, have sold for $8.5 million to Daytona-based Continental Property Services, who also assumed the existing Freddie Mac loan. The Class B garden-style community is 92 percent leased. Both the buyer and seller, Denver-based Apartment Investment and Management Co., were represented by Jay Ballard, Ken Delvillar and Lindsey Pfaender of Cushman & Wakefield Apartment Brokerage Services' Orlando, Fla., office.

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